Everbridge Inc (NASDAQ:EVBG) SVP Imad Mouline sold 22,900 shares of the company’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $31.73, for a total transaction of $726,617.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Imad Mouline also recently made the following trade(s):
- On Friday, December 22nd, Imad Mouline sold 6,986 shares of Everbridge stock. The shares were sold at an average price of $28.50, for a total transaction of $199,101.00.
Everbridge Inc (NASDAQ EVBG) traded up $0.25 on Monday, reaching $31.08. 138,289 shares of the company traded hands, compared to its average volume of 253,613. The firm has a market capitalization of $871.09, a price-to-earnings ratio of -51.38 and a beta of 1.67. Everbridge Inc has a 52-week low of $16.63 and a 52-week high of $33.85.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. raised its stake in Everbridge by 29.0% during the fourth quarter. BlackRock Inc. now owns 1,158,361 shares of the technology company’s stock worth $34,426,000 after acquiring an additional 260,224 shares during the period. Vanguard Group Inc. increased its stake in shares of Everbridge by 115.8% in the second quarter. Vanguard Group Inc. now owns 696,917 shares of the technology company’s stock valued at $16,977,000 after purchasing an additional 373,899 shares during the period. Janus Henderson Group PLC acquired a new stake in shares of Everbridge in the third quarter valued at approximately $16,417,000. Nicholas Investment Partners LP increased its stake in shares of Everbridge by 21.7% in the third quarter. Nicholas Investment Partners LP now owns 530,969 shares of the technology company’s stock valued at $14,028,000 after purchasing an additional 94,790 shares during the period. Finally, Hood River Capital Management LLC increased its stake in shares of Everbridge by 8.1% in the fourth quarter. Hood River Capital Management LLC now owns 502,969 shares of the technology company’s stock valued at $14,948,000 after purchasing an additional 37,869 shares during the period. Hedge funds and other institutional investors own 66.36% of the company’s stock.
EVBG has been the topic of a number of recent analyst reports. Credit Suisse Group restated an “outperform” rating and issued a $30.00 target price (up previously from $26.50) on shares of Everbridge in a research note on Friday, November 17th. BidaskClub lowered shares of Everbridge from a “hold” rating to a “sell” rating in a research note on Thursday, December 7th. Zacks Investment Research upgraded shares of Everbridge from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a research note on Friday, November 10th. Northland Securities reiterated a “buy” rating and set a $33.00 price objective on shares of Everbridge in a research note on Friday, November 10th. Finally, William Blair reiterated a “buy” rating on shares of Everbridge in a research note on Tuesday, December 26th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the company. Everbridge currently has an average rating of “Buy” and an average target price of $32.11.
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Everbridge, Inc is a global software company. The Company provides enterprise software applications that automate and accelerate organizations’ operational response to critical events in order to keep people safe and businesses running. During public safety threats, such as active shooter situations, terrorist attacks or severe weather conditions, as well as critical business events, such as information technology (IT) outages, cyber-attacks or other incidents, such as product recalls or supply-chain interruptions, its Software as a Service (SaaS)-based platform enables its customers to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans.
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